2024 Annual Financial Statement

The document presented is the Annual Financial Statement (AFS) for the City of Port Republic, New Jersey, for the year 2024. Prepared in accordance with New Jersey Statutes Annotated 40A:5-12, as amended, the AFS combines financial information required for both state filing and budget certification by the Director of the Division of Local Government Services. Key certifications are provided by the Chief Financial Officer (CFO) and, where applicable, a Registered Municipal Accountant (RMA), attesting to the accuracy and compliance of the financial statements. The document includes various schedules detailing fund balances, revenues, expenditures, debt, and other financial activities for the municipality as of December 31, 2024. Penalties may apply if the financial statement is not filed by February 10, 2025 for municipalities.